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Tag Archives: Aces Risk Management

Critical Loan Defects Should Continue to Drop

Critical defects are down compared with Q1 of 2016, according to ACES Risk Management (ARMCO) in its Q4 Mortgage QC Industry Trends. The report details a breakdown of the final quarter of 2016, including defect rates and findings for each Fannie Mae loan category. It also predicts, with the continued understanding of TRID and its impact, critical loan defects should continue to trend downwards in 2017.

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ARMCO Announces New COO

Florida-based Aces Risk Management (ARMCO), a provider of Web-based audit technology for the financial services industry, has tapped mortgage quality control expert Phil McCall to serve as COO.

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